PGIM India Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 14.44 as on 22-04-2024
Fund Performance
35 people have invested ₹ 12.5L in PGIM India Balanced Advantage Fund Direct Growth in the last three months
INDmoney Rank of PGIM India Balanced Advantage Fund Direct Growth
Powered by IND quant engine
7
/15
23% Performance
47% Risk Management
79% Cost
7 out of 15 among dynamic asset allocation
About the PGIM India Balanced Advantage Fund Direct Growth
PGIM India Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 4 February, 2021. The fund is managed by Anandha Padmanabhan Anjeneyan, Hitash Dang, Vinay Paharia, Puneet Pal. This fund gives you the benefit of diversification.
Key Parameters
- PGIM India Balanced Advantage Fund Direct Growth has ₹1155 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
PGIM India Balanced Advantage Fund Direct Growth Overview
 | 0.44% |
 Benchmark | CRISIL Hybrid 50+50 - Moderate TR INR |
 | ₹1155 Cr |
 | 4 February, 2021 |
 | ₹5000/₹1000 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 211.63% |
PGIM India Balanced Advantage Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
48.1%
Mid cap
17.5%
Small cap
2.8%
Sector Allocation
Financial Services
34%
Industrial
14.2%
Consumer Cyclical
11.2%
Health
9.1%
Tech
7%
Consumer Defensive
6.3%
Energy
6.2%
Basic Materials
5.8%
Communication
3.6%
Utilities
2.6%
Top Holdings of PGIM India Balanced Advantage Fund Direct Growth as on (31-Mar-24)
Equity Holdings49
Debt Holdings26
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.85% | 0% | |
 HDFC Bank Ltd | 5.75% | 0% | |
 Reliance Industries Ltd | 4.25% | -18.2% | |
 Axis Bank Ltd | 2.55% | 0% | |
 Larsen & Toubro Ltd | 2.48% | 0% |
See all
PGIM India Balanced Advantage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.2K Cr as of Mar'24
- AUM decreased by 21.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
PGIM India Balanced Advantage Fund Direct Growth Fund Manager
Anandha Padmanabhan Anjeneyan
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 April 2023
Top funds managed
Hitash Dang
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 June 2021
Top funds managed
Vinay Paharia
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 April 2023
Top funds managed
Puneet Pal
Fund Manager of PGIM India Balanced Advantage Fund Direct Growth, since 1 December 2021
Top funds managed
PGIM India Balanced Advantage Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.12% since inception which is more than its category average return of 11.56%
Fund Allocations
This fund has an allocation of 68.41% in Equity, 22.61% in Debt and 8.98% in Cash related instruments
AUM size ₹1155 Cr
This fund has AUM of ₹1155 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of PGIM India Balanced Advantage Fund Direct Growth is ₹14.44 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
PGIM India Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.27% | 2.27% |
6 Month Returns | 10.4% | 10.4% |
1 Year Returns | 19.93% | 19.93% |
3 Years Returns | 41.29% | 12.21% |
5 Years Returns | 0% | 0% |
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0.44% as on March 2024
₹1155 Cr as on March 2024
ICICI Bank Ltd(5.85%), HDFC Bank Ltd(5.75%), 7.18% Govt Stock 2037(5.21%), Reliance Industries Ltd(4.25%), 7.18% Govt Stock 2033(4.05%) as on March 2024
Financial Services(23.28%), Government(14.91%), Cash Equivalent(11.1%) as on March 2024
AAA | 100 |
Anandha Padmanabhan Anjeneyan, Hitash Dang, Vinay Paharia, Puneet Pal are the fund managers of PGIM India Balanced Advantage Fund Direct Growth
The Exit load of PGIM India Balanced Advantage Fund Direct Growth is 0.5%